Reuters
Markets
Sensex, Nifty end higher on rally in state-owned banks
Indian shares ended higher on Monday, led by gains in state-owned banks, as weak economic data from the United States ......
People
Alibaba set for 'big challenge' as chairman Jack Ma steps down
Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting ......
Manufacturing
India's passenger vehicle sales log worst-ever drop in August
India’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an ......
Finance
UBS to revamp investment bank in bid to lift flagging earnings
Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market ......
Markets
Sensex, Nifty clock weekly loss on weak economic data
Indian shares closed higher on Friday as investors cheered the government’s assurance for the ailing domestic auto sector, amid easing ......
TMT
SoftBank-backed WeWork may slash IPO valuation by more than half
WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to ......
Consumer
After Hamleys, Reliance looks for more overseas retail acquisitions
India’s Reliance Industries Ltd is looking to buy fashion and child-focused retailers abroad and partner with global sports and beauty ......
Markets
Sensex, Nifty erase gains on slowdown worries
India’s benchmark BSE Sensex reversed early gains and closed slightly lower on Thursday as sluggish economic growth kept investors cautious ......
Manufacturing
US sues to stop Hindalco unit Novelis' $2.6-bn purchase of Aleris
The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of Aleris ......
Markets
Why rupee may not gain ground despite tax rollback for foreign investors
The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by ......
